On July 29, the 2025 Fortune Global 500 list was officially released. After consecutive listings in 2023 and 2024, Tongwei Group has once again secured its position on the Fortune Global 500 list this year, ranking 479th, becoming the only enterprise in both the global photovoltaic and aquaculture industries to achieve this three-year consecutive recognition.

The Fortune Global 500 ranking enables comparative analysis across years and industries, revealing corporate trajectories while tracking operational metrics such as sales return rate, return on equity, and overall labor productivity. This ranking has become a crucial benchmark for world-renowned enterprises to evaluate their strength, scale, and international competitiveness, serving as a barometer of global economic conditions.

Tongwei Group Secures Spot on 2025 Fortune Global 500 List

The total revenue of the companies on this year's Fortune Global 500 list is approximately USD 41.7 trillion, accounting for over one-third of the global GDP, representing an increase of about 1.8% compared to the previous year. The threshold for entry (minimum sales revenue) increased from USD 32.1 billion to USD 32.2 billion. The combined net profits of all listed companies increased by approximately 0.4%, totaling about USD 2.98 trillion. Both total assets and net assets of the 500 companies hit record highs since the ranking's inception. This year, including companies from Taiwan, there are a total of 130 Chinese companies on the list. Tongwei Group, with its robust development, has been included in the Fortune Global 500 for the third consecutive year in 2025, solidifying its position as a leading enterprise in the global photovoltaic and aquaculture sectors.

Under the leadership of Mr. Liu Hanyuan, Deputy to the NPC, Vice Chairman of All-China Federation of Industry and Commerce, and Chairman of the Board of Directors of Tongwei Group, the company has consolidated its global leadership in high-purity crystalline silicon and solar cell production. In 2024, Tongwei's market share in high-purity crystalline silicon ranked first worldwide. Its cell shipments have been the highest globally for eight consecutive years (according to InfoLink Consulting), making it the first company in the industry to surpass 300GW in cumulative battery shipments. Additionally, its module shipments rank among the top five globally, with products distributed in over 70 countries and regions. Overseas shipments in 2024 saw a nearly twofold increase, achieving breakthroughs in GW-level projects in multiple countries.

Tongwei's intelligent manufacturing production line for high-efficiency modules

Furthermore, Tongwei consistently prioritizes technological innovation as a critical strategy to mitigate risks and enhance its core competitiveness. Over the past three years, Tongwei has invested over RMB 11 billion in research and development, resulting in numerous scientific achievements that have been applied to the market, continuously generating value for the company.

In June 2024, Tongwei Global Innovation R&D Center was fully launched, focusing on the development of high-efficiency crystalline silicon cells and highly reliable module products. The research directions comprehensively cover key future photovoltaic technologies, and significant core technologies have been developed in areas such as TNC, THC, TBC, and perovskite/crystalline silicon tandem cells. In May 2025, Tongwei launched its TNC 2.0 modules globally, emphasizing "efficiency, reliability, and sustainability." These modules integrate four key technologies: 908 technology (Tongwei's proprietary 0BB technology), TPE technology, Poly Tech, and steel screen printing, pushing module efficiency to new heights.

Tongwei's TNC modules once again break records in power and efficiency

Reviewing Tongwei Group's journey to the World's Top 500, the company debuted on the Fortune Global 500 list in 2023. In 2024, Tongwei reaffirmed its position as China's PV representative with its robust growth, continued to represent Chinese photovoltaic enterprises on the list. By 2025, Tongwei Group has been listed on the Fortune Global 500 for the third consecutive year. This sustained success not only highlights Tongwei's development strength but also fully demonstrates the achievements of Chinese photovoltaics, a new "China's hallmark," on the world stage.

Tongwei International Center

Facing new challenges from global economic uncertainties, industry fluctuations, and intense technological competition, Tongwei will maintain its confidence in development and commitment to technological innovation. With a higher strategic perspective, more innovative results, and a more open approach, Tongwei will integrate into the global industrial ecosystem, actively contributing to the global energy transition and a sustainable future for humanity, continuously writing a new chapter for Chinese enterprises in the "World's Top 500."